OfferMarket

1905 Kennedy Ave, Baltimore, MD 21218, USA

$124,000

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APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL

πŸ’₯ Active Cash Flowing Rental Opportunity πŸ’₯
 

This 3 bedroom rowhome 1.5 bathroom is the complete rental opportunity! Located in 21218, this property is a quick drive to everywhere downtown, along with easy access to North Avenue.

This property has been fully remodeled late 2022 - early 2023 and has been occupied since April 2023. The tenant is paying $1,500 / mo and is currently on a Month to Month lease. They are an on time paying tenant that works for the MTA as a bus driver. They have been occupying this property for 1.5 years and are open to staying.

 

Call Nathan at 443-364-339 for more info before this deal sells!

 

Property Details 🏑

Rehab Level: Turnkey

Electrical Panel: Great Condition

Furnace: Great Condition - Central AC

Water Heater: Great Condition

Windows: Great Condition

Roof: Great Condition

Access: Available Upon Request

Additional Details:  Tenant Pays Utilities + Water. Washer and dryer on the main floor. Property was fully gutted and updated with exclusion of basement. Property is in a community development zone with active projects occurring on North Ave, Cecil Ave, and E 20th St which will increase the value of the property for years to come.

 

 

Rental Comps πŸ“Š

Rental Income: $1,400 -1,700+ (according to RentometerPro and MLS)

 

2007 / 2009 Kennedy Ave (3/ 1) - $1,750 - $1,850 (Active less than 10 days ago)

1827 Aisquith St (3 / 1.5) - $1,400 (6/5/24)  

926 E 20th St (3 / 1) - $1,600 (6/1/24)

2245 Cecil Ave (3 / 1.5) - $1,700 (5/31/24)

2100 Homewood Ave (3 / 1) - $1,590 (4/1/24)

 

 

Need to schedule your appointment now?

Call Nathan✨

443-364-3369


 

πŸ’₯YOU CAN ALSO CLICK THE WIN IT NOW BUTTON TO AVOID ALL BIDDING AND LOCK IT DOWN BEFORE SOMEONE ELSE DOESπŸ’₯

We are direct to seller on all contracts.

OfferMarket listings are strictly for POF-verified end investor buyers (rental investors, fix and flip investors). Get instant quote and pre-approval

 

Loan Type Rate Points Term

DSCR ("Rental")

 6.5% - 8% 0.5 - 2 30 year

Fix and Flip ("Bridge", "Hard Money", "Fix and Rent", "RTL")

 10.75% - 12% 1 - 2 6 - 18 months